Ep. 935: Trends, Psych and Felonies with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Relevance of Academic Factors in Copper Prices
When investors are buying more and more copper for some kind of academic reason, instead of a real life reason, that doesn't mean ultimately the consumers will use more copper. When that doesn't work, then those factors are not relevant. The relevant factors are what's really happening. And I think when you talk about investing, you should explain, okay, we are buying copper now for this and this region," he said.
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